No Obligation to Mitigate; No Rights of Offset. (a) Employee shall not be required to mitigate the amount of any payment or other benefit required to be paid to Employee pursuant to this Agreement, whether by seeking other employment or otherwise, nor shall the amount of any such payment or other benefit be reduced on account of any compensation earned by Employee as a result of employment by another person.
Appears in 22 contracts
Samples: Employment Agreement (Ion Geophysical Corp), Employment Agreement (Ion Geophysical Corp), Employment Agreement (Veritas DGC Inc)
No Obligation to Mitigate; No Rights of Offset. (a) The Employee shall not be required to mitigate the amount of any payment or other benefit required to be paid to the Employee pursuant to this Agreement, whether by seeking other employment or otherwise, nor shall the amount of any such payment or other benefit be reduced on account of any compensation earned or benefits received by the Employee as a result of employment by another person.
Appears in 21 contracts
Samples: Change of Control Agreement (Eog Resources Inc), Change of Control Agreement (Eog Resources Inc), Change of Control Agreement (Eog Resources Inc)
No Obligation to Mitigate; No Rights of Offset. (a) The Employee shall not be required to mitigate the amount of any payment or other benefit required to be paid or provided to the Employee pursuant to this Agreement, whether by seeking other employment or otherwise, nor shall the amount of any such payment or other benefit be reduced on account of any compensation earned by the Employee as a result of employment by another person.
Appears in 10 contracts
Samples: Change in Control Agreement (Patterson Uti Energy Inc), Change in Control Agreement (Patterson Uti Energy Inc), Change in Control Agreement (Patterson Uti Energy Inc)
No Obligation to Mitigate; No Rights of Offset. (a) The Employee shall not be required to mitigate the amount of any payment or other benefit required to be paid to the Employee pursuant to this Agreement, whether by seeking other employment or otherwise, nor shall the amount of any such payment or other benefit be reduced on account of any compensation earned by the Employee as a result of employment by another person.
Appears in 7 contracts
Samples: Change in Control Agreement (Genaera Corp), Change in Control Agreement (Genaera Corp), Change in Control Agreement (Genaera Corp)
No Obligation to Mitigate; No Rights of Offset. (a) Notwithstanding anything herein to the contrary, Employee shall not be required to mitigate the amount of any payment or other benefit required to be paid to Employee pursuant to this Agreement, whether by seeking other employment or otherwise, nor shall the amount of any such payment or other benefit be reduced on account of any compensation earned by Employee as a result of employment by another person.
Appears in 4 contracts
Samples: Employment Agreement (Global Geophysical Services Inc), Employment Agreement (Global Geophysical Services Inc), Employment Agreement (Global Geophysical Services Inc)
No Obligation to Mitigate; No Rights of Offset. (a) Subject to Section 10(e), Employee shall not be required to mitigate the amount of any payment or other benefit required to be paid to Employee pursuant to this Agreement, whether by seeking other employment or otherwise, nor shall the amount of any such payment or other benefit be reduced on account of any compensation earned by Employee as a result of employment by another person.
Appears in 1 contract
No Obligation to Mitigate; No Rights of Offset. (a) Employee Xxxxxx shall not be required to mitigate the amount of any payment or other benefit required to be paid to Employee Xxxxxx pursuant to this Agreement, whether by seeking other employment or otherwise, nor shall the amount of any such payment or other benefit be reduced on account of any compensation earned by Employee Xxxxxx as a result of employment by another person.
Appears in 1 contract
